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(01.06 MC)
Solomon invested money in his bank account. He had a principal, P,
of $100 in his account at the beginning of the period, which
increased at a rate, r, of 0.15 per year. At the end of the period, he
had interest, I, of $135 in his account. Use the simple interest
formula 1 = Prt, to solve for the time, t, in months that it took to
earn this amount. (1 point)
Sagot :
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